secwatch.observer — SEC 8-K summary
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Issuer:     Evolus, Inc. (EOLS)
CIK:        0001570562
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001570562-23-000114
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Evolus reports record Q3 revenue $50M (+48% YoY); raises FY guidance; 40U shows 26-week duration
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- Net revenue of $50.0M, up 48% from $33.9M in Q3 2022; operating cash burn only $0.9M.
- Raised FY2023 revenue guidance from $185-195M to $194-198M, representing over 30% YoY growth.
- Phase II data for extra-strength 40U Jeuveau shows 26-week (6-month) duration; presented at ASDS.
- Added 650+ new customer accounts; total ~11,600; reorder rate >70%; loyalty members 671,000.
- Expects non-GAAP operating income in 2025; projects revenue can reach $700M by 2028.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1570562/000157056223000114/0001570562-23-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1570562/000157056223000114/eols-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001570562-23-000114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer